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LiRa [457]
4 years ago
11

June Tavia is trying to calculate the taxable equivalent yield for a municipal bond. If the bond she owns pays 4.5 percent inter

est and she is in the 25 percent tax bracket, what is the taxable-equivalent yield?
Mathematics
1 answer:
Zepler [3.9K]4 years ago
7 0

Answer:

The taxable equivalent yield is 6%.

Step-by-step explanation:

The formula for the taxable equivalent yield is:

TEY = \frac{tax free bond }{(1-Tax rate)}\\ TEY = \frac{0.045 }{(1-0.25)}\\TEY = 0.06\\TEY = 6%

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3 years ago
if f(g(x)) = x and g(f(x)) = x, and f(x) passes through the point (5,-7), and g'(-7) = -2/3, then find the value of f'(5).
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Now take deviation. Use chain rule:

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Plug in x = -7

f'( g( -7 ) ) g'( -7 ) = 1

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Hope this helps.
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